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關於本招股説明書附錄
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| | | | S-III | | |
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行業和市場數據
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| | | | S-III | | |
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前瞻性陳述
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| | | | S-III | | |
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招股説明書補充摘要
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| | | | S-1 | | |
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產品
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| | | | S-2 | | |
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彙總合併財務數據
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| | | | S-3 | | |
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風險因素
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| | | | S-7 | | |
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收益使用情況
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| | | | S-10 | | |
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股利政策
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| | | | S-11 | | |
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大寫
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| | | | S-12 | | |
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稀釋
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| | | | S-13 | | |
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美國聯邦所得税對非美國持有者的重要考慮事項
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| | | | S-14 | | |
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承銷
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| | | | S-18 | | |
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法律事務
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| | | | S-24 | | |
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專家
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| | | | S-24 | | |
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您可以在這裏找到更多信息
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| | | | S-24 | | |
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關於本招股説明書
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| | | | 1 | | |
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前瞻性陳述
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| | | | 2 | | |
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約2U,Inc.
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| | | | 3 | | |
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風險因素
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| | | | 4 | | |
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收益與固定費用比率
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| | | | 5 | | |
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收益使用情況
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| | | | 6 | | |
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我們可以提供的證券説明
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| | | | 7 | | |
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債務證券説明
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| | | | 8 | | |
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股本説明
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| | | | 11 | | |
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認股權證説明
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| | | | 13 | | |
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單位説明
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| | | | 14 | | |
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出售股東
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| | | | 15 | | |
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配送計劃
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| | | | 16 | | |
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法律事務
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| | | | 18 | | |
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專家
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| | | | 18 | | |
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您可以在這裏找到更多信息
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| | | | 18 | | |
(千,不包括每股和每股金額)
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| |
截至2010年12月31日的年度
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| |
六個月
截至06月30日 |
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2017
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2018
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2019
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2019
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2020
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收入(1) | | | | $ | 286,752 | | | | | $ | 411,769 | | | | | $ | 574,671 | | | | | $ | 257,695 | | | | | $ | 358,166 | | |
成本和費用: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
課程與教學
|
| | | | 6,609 | | | | | | 23,290 | | | | | | 63,270 | | | | | | 20,009 | | | | | | 46,734 | | |
服務和支持
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| | | | 50,767 | | | | | | 67,203 | | | | | | 98,890 | | | | | | 44,167 | | | | | | 60,827 | | |
技術和內容
開發 |
| | | | 45,926 | | | | | | 63,812 | | | | | | 115,473 | | | | | | 45,837 | | | | | | 72,817 | | |
市場營銷和銷售
|
| | | | 150,923 | | | | | | 221,015 | | | | | | 342,395 | | | | | | 166,710 | | | | | | 197,556 | | |
一般和管理
|
| | | | 62,665 | | | | | | 82,989 | | | | | | 131,020 | | | | | | 51,431 | | | | | | 83,207 | | |
減值費用
|
| | | | — | | | | | | — | | | | | | 70,379 | | | | | | — | | | | | | — | | |
總成本和費用
|
| | | | 316,890 | | | | | | 458,309 | | | | | | 821,427 | | | | | | 328,154 | | | | | | 461,141 | | |
運營損失
|
| | | | (30,138) | | | | | | (46,540) | | | | | | (246,756) | | | | | | (70,459) | | | | | | (102,975) | | |
利息收入
|
| | | | 371 | | | | | | 5,173 | | | | | | 5,800 | | | | | | 4,163 | | | | | | 667 | | |
利息費用
|
| | | | (87) | | | | | | (108) | | | | | | (13,419) | | | | | | (2,479) | | | | | | (12,011) | | |
債務清償損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (11,671) | | |
其他費用,淨額
|
| | | | (866) | | | | | | (1,722) | | | | | | (707) | | | | | | (383) | | | | | | (1,701) | | |
所得税前虧損
|
| | | | (30,720) | | | | | | (43,197) | | | | | | (255,082) | | | | | | (69,158) | | | | | | (127,691) | | |
所得税優惠
|
| | | | 1,297 | | | | | | 4,867 | | | | | | 19,860 | | | | | | 19,632 | | | | | | 1,418 | | |
淨虧損
|
| | | $ | (29,423) | | | | | $ | (38,330) | | | | | $ | (235,222) | | | | | $ | (49,526) | | | | | $ | (126,273) | | |
基本稀釋後每股淨虧損
|
| | | $ | (0.60) | | | | | $ | (0.69) | | | | | $ | (3.83) | | | | | $ | (0.83) | | | | | $ | (1.98) | | |
加權平均普通股流通股,用於計算每股淨虧損,基本虧損和攤薄虧損
|
| | | | 49,062,611 | | | | | | 55,833,492 | | | | | | 61,393,666 | | | | | | 59,334,246 | | | | | | 63,850,869 | | |
其他綜合損失: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
外幣換算調整,顯示的所有期間的税後淨額為0美元
|
| | | | 5,326 | | | | | | (13,840) | | | | | | 1,710 | | | | | | 1,871 | | | | | | (14,711) | | |
綜合虧損
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| | | $ | (24,097) | | | | | $ | (52,170) | | | | | $ | (233,512) | | | | | $ | (47,655) | | | | | $ | (140,984) | | |
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| | |
截至12月31日
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截至6月30日
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(千)
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| |
2018
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2019
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2020
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現金和現金等價物
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| | | $ | 449,772 | | | | | $ | 170,593 | | | | | $ | 194,803 | | |
營運資金(2)
|
| | | | 453,200 | | | | | | 104,994 | | | | | | 112,018 | | |
應收賬款淨額
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| | | | 32,636 | | | | | | 33,655 | | | | | | 71,580 | | |
總資產
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| | | | 807,354 | | | | | | 1,186,830 | | | | | | 1,232,560 | | |
總負債
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| | | | 102,345 | | | | | | 475,580 | | | | | | 553,189 | | |
新增實收資本
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| | | | 957,631 | | | | | | 1,197,379 | | | | | | 1,306,483 | | |
股東權益合計
|
| | | | 705,009 | | | | | | 711,250 | | | | | | 679,371 | | |
| | |
截至2010年12月31日的年度
|
| |
六個月
截至06月30日 |
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(以千為單位,不包括相當於完整課程的註冊人數)
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| |
2017
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| |
2018
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| |
2019
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| |
2019
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| |
2020
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| |||||||||||||||
調整後EBITDA(虧損)(3)
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| | | $ | 11,416 | | | | | $ | 17,655 | | | | | $ | (23,946) | | | | | $ | (18,181) | | | | | $ | (6,391) | | |
研究生課程段全程等值註冊人數
|
| | | | 98,904 | | | | | | 127,678 | | | | | | 161,306 | | | | | | 78,692 | | | | | | 91,876 | | |
替代憑據段完整課程等值註冊
|
| | | | 10,830 | | | | | | 32,202 | | | | | | 51,158 | | | | | | 20,262 | | | | | | 35,576 | | |
| | |
截至2010年12月31日的年度
|
| |
截至6月30日的6個月
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(千)
|
| |
2017
|
| |
2018
|
| |
2019
|
| |
2019
|
| |
2020
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| |||||||||||||||
研究生課程段
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| | | $ | 270,432 | | | | | $ | 348,361 | | | | | $ | 417,206 | | | | | $ | 205,577 | | | | | $ | 234,142 | | |
備用憑據段
|
| | | | 16,320 | | | | | | 63,408 | | | | | | 157,465 | | | | | | 52,118 | | | | | | 124,024 | | |
總收入
|
| | | $ | 286,752 | | | | | $ | 411,769 | | | | | $ | 574,671 | | | | | $ | 257,695 | | | | | $ | 358,166 | | |
| | |
截至2010年12月31日的年度
|
| |
截至6月30日的6個月
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| ||||||||||||||||||||||||
(千)
|
| |
2017
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| |
2018
|
| |
2019
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| |
2019
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| |
2020
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淨虧損
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| | | $ | (29,423) | | | | | $ | (38,330) | | | | | $ | (235,222) | | | | | $ | (49,526) | | | | | $ | (126,273) | | |
調整: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
利息(收入)費用淨額
|
| | | | (284) | | | | | | (5,065) | | | | | | 7,619 | | | | | | (1,684) | | | | | | 11,344 | | |
外幣損失
|
| | | | 866 | | | | | | 1,722 | | | | | | 707 | | | | | | 383 | | | | | | 1,701 | | |
所得税優惠
|
| | | | (1,297) | | | | | | (4,867) | | | | | | (19,860) | | | | | | (19,632) | | | | | | (1,418) | | |
折舊攤銷費用
|
| | | | 19,624 | | | | | | 32,785 | | | | | | 69,843 | | | | | | 24,351 | | | | | | 47,470 | | |
遞延收入公允價值調整
|
| | | | — | | | | | | — | | | | | | 11,175 | | | | | | 3,352 | | | | | | — | | |
交易和集成成本
|
| | | | — | | | | | | — | | | | | | 8,041 | | | | | | 5,024 | | | | | | 1,083 | | |
重組相關成本
|
| | | | — | | | | | | — | | | | | | 10,826 | | | | | | — | | | | | | 484 | | |
股東行動成本
|
| | | | — | | | | | | — | | | | | | 1,042 | | | | | | — | | | | | | 5,586 | | |
債務清償損失
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,671 | | |
減值費用
|
| | | | — | | | | | | — | | | | | | 70,379 | | | | | | — | | | | | | — | | |
股票薪酬費用
|
| | | | 21,930 | | | | | | 31,410 | | | | | | 51,504 | | | | | | 19,551 | | | | | | 41,961 | | |
調整總額
|
| | | | 40,839 | | | | | | 55,985 | | | | | | 211,276 | | | | | | 31,345 | | | | | | 119,882 | | |
調整後EBITDA(虧損)
|
| | | $ | 11,416 | | | | | $ | 17,655 | | | | | $ | (23,946) | | | | | $ | (18,181) | | | | | $ | (6,391) | | |
| | |
截至2020年6月30日
|
| |||||||||
| | |
實際
|
| |
調整後的
|
| ||||||
| | |
(以千為單位,共享除外
和每股金額) |
| |||||||||
現金和現金等價物
|
| | | $ | 194,803 | | | | | $ | | | |
債務: | | | | | | | | | | | | | |
可轉換優先票據(1)
|
| | | | 258,443 | | | | | | 258,443 | | |
循環信貸安排
|
| | | | — | | | | | | — | | |
其他債務(2)
|
| | | | 5,298 | | | | | | 5,298 | | |
股東權益: | | | | | | | | | | | | | |
普通股,面值0.001美元,授權股份200,000,000股,已發行和已發行股票64,300,599股,實際和調整後的(3)
|
| | | | 64 | | | | | | 71 | | |
新增實收資本
|
| | | | 1,306,483 | | | | | | | | |
累計虧損
|
| | | | (605,661) | | | | | | (605,661) | | |
累計其他綜合損失
|
| | | | (21,515) | | | | | | (21,515) | | |
股東權益總額(3)
|
| | | | 679,371 | | | | | | | | |
總市值(3)
|
| | | $ | 943,112 | | | | | $ | | | |
|
每股公開發行價
|
| | | | | | | | | $ | | | |
|
截至2020年6月30日的每股有形賬面淨值
|
| | | $ | (0.74) | | | | | | | | |
|
可歸因於此次發行的每股收益增加
|
| | | | | | | | | | | | |
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本次發售生效後的調整後每股有形賬面淨值
|
| | | | | | | | | | | | |
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本次發行向投資者攤薄每股有形賬面淨值
|
| | | | | | | | | $ | | | |
名稱
|
| |
股數
|
|
摩根士丹利有限責任公司
|
| | | |
合計
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| | | |
| | | | | | | | |
合計
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| | |
每股
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| |
不鍛鍊
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全面鍛鍊
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公開發行價
|
| | | $ | | | | | $ | | | | | $ | | | |||
承保折扣
|
| | | $ | | | | | | $ | | | | | | $ | | | |
費用前收益
|
| | | $ | | | | | | $ | | | | | | $ | | | |
|
關於本招股説明書
|
| | | | 1 | | |
|
前瞻性陳述
|
| | | | 2 | | |
|
約2U,Inc.
|
| | | | 3 | | |
|
風險因素
|
| | | | 4 | | |
|
收益與固定費用比率
|
| | | | 5 | | |
|
收益使用情況
|
| | | | 6 | | |
|
我們可以提供的證券説明
|
| | | | 7 | | |
|
債務證券説明
|
| | | | 8 | | |
|
股本説明
|
| | | | 11 | | |
|
認股權證説明
|
| | | | 13 | | |
|
單位説明
|
| | | | 14 | | |
|
出售股東
|
| | | | 15 | | |
|
配送計劃
|
| | | | 16 | | |
|
法律事務
|
| | | | 18 | | |
|
專家
|
| | | | 18 | | |
|
您可以在這裏找到更多信息
|
| | | | 18 | | |
| | |
截至2010年12月31日的年度
|
| |
截至6個月
06月30日 |
| ||||||||||||||||||||||||
| | |
2015
|
| |
2016
|
| |
2017
|
| |
2017
|
| |
2018
|
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收益與固定費用的比率(1)
|
| | | | 不適用 | | | | | | 不適用 | | | | | | 不適用 | | | | | | 不適用 | | | | | | 不適用 | | |
可用於支付固定費用的收益不足(以千為單位)
|
| | | $ | (26,733) | | | | | $ | (20,684) | | | | | $ | (30,720) | | | | | $ | (15,193) | | | | | $ | (38,011) | | |